USCF Midstream Energy Income Fund (NYSEARCA:UMI) Increases Dividend to $0.05 Per Share

USCF Midstream Energy Income Fund (NYSEARCA:UMI) declared a dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.0548 per share on Monday, September 30th. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from USCF Midstream Energy Income Fund’s previous dividend of $0.05.

USCF Midstream Energy Income Fund Stock Down 2.0 %

Shares of USCF Midstream Energy Income Fund stock traded down $0.93 during midday trading on Thursday, hitting $44.53. The company had a trading volume of 9,111 shares, compared to its average volume of 16,095. The stock has a market cap of $282.75 million, a price-to-earnings ratio of 18.02 and a beta of 0.51. The company has a fifty day simple moving average of $43.81 and a 200 day simple moving average of $41.82. USCF Midstream Energy Income Fund has a 12-month low of $33.56 and a 12-month high of $45.81.

USCF Midstream Energy Income Fund Company Profile

The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.